Guest Blogger: Ilene
Allan, here's something interesting on XDSL, it's only 25 cents/share and in nanotechnology collaboration with Bell Labs and has had insider buying by the CEO. It may qualify as one of your Bull Market Leveraged Plays.
Ilene
Scientific American Features mPhase Technologies Nano-Battery and Reports Progress in Bell Labs Collaboration
Tuesday January 10, 12:04 pm ET
"Miniaturized Power" Article Describes "The Reinvention of the Battery" - Shrinking in Size With the Rest of Electronics
LITTLE FALLS, N.J.--(BUSINESS WIRE)--Jan. 10, 2006--In its February, 2006 edition, the prestigious and authoritative Scientific American Magazine takes a detailed look at the collaboration between Lucent Technologies Bell Labs and mPhase Technologies (OTCBB:XDSL - News) in developing a working reserve battery prototype that relies on a nanotechnology-based architecture.
Titled, "Miniaturized Power," the four-page feature article notes that Bell Labs, where the transistor was invented, "has now become involved with the reinvention of the battery" by shrinking electrodes to nanometer scales. Featuring detailed schematics of the Bell Labs-developed nano-based architecture, the article relates the genesis of the collaboration and describes how the development team fine-tuned the design of the working model based on feedback from potential military customers like the U.S. Army Research Laboratory in Adelphi, Md.
mPhase is developing a new generation of reserve power cells, which could store reserve power for decades and generate electric current virtually on demand. The prototype battery is based on a Bell Labs discovery that liquid droplets of electrolyte will stay in a dormant state atop nanotextured surfaces until stimulated to flow, thereby triggering a reaction producing electricity. The "electrowetting" process, described in detail by Scientific American, in effect can permit precise control and activation of the batteries when required, yielding a very long shelf life. Future batteries based on this technology have the potential to deliver far longer shelf life and better storage capacity than existing battery technology. Reprints of the article can be ordered on the mPhase website, www.mphasetech.com.
About mPhase Technologies, Inc.
mPhase Technologies In! c. (OTC: XDSL - News) develops and commercializes next-generation telecommunications and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company, awarded the 2005 Frost & Sullivan Excellence in Technology Award and the Nano 50 Award from NASA Nanotech Briefs, is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise up to a 1,000-fold increase in sensitivity as compared with available uncooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.com
10 comments:
weren't the management of XDSL involved in a rip off, embezzlement?
weren't the management of XDSL involved in a rip off, embezzlement?
If so, is that good or bad for the stock price?
A
I am looking for that PR! If I find it I will post. Untill then assume they are not involved and hence good for the stocks price. on the other hand if they are involved then I would not touch the stock!
I believe the rip off refers to past misdeeds of the CEO in another company during the Naz's manic days. The stock fell significantly on that news a couple of months back..but has now recovered. They do have a battery prototype..so now they need to bring it into production..which I expect will happen this year..Yash
'I believe the rip off refers to past misdeeds of the CEO in another company during the Naz's manic days.'
so have they been cleared by the SEC investigation?
From a Nov. 17, 2005 AP Wire
"Federal regulators have filed a civil lawsuit accusing a group of businessmen and others of selling $9 million worth of inflated stock in a Norwalk company.
The agency accuses six men and four companies of securities fraud and other violations in connection with a scheme in 1999 and 2000 to "pump and dump" the stock of PacketPort.com...The SEC accused Ronald Durando, 48, of Nutley, N.J., [who] took control of Linkon and changed its name to PacketPort.com, according to the SEC."
The stock price quadrupled.
Ronald Durando bought insider stock the very next day after XDSL dropped lol. on the drop that he himself caused on news the SEC was investigating him hah. thats got to be illegal (but isnt apparently). anyway i still liked the company enough to buy at .18 on that dip. selling now a little but i think it will ride to .50. all my high tech plays have been up crazy this year and this is one of them. another small 'nano' RAR.V and JMAR i like alot.
Scam in Progress be careful
Ron Durando is a con artist and he is the only one to blame, while giving microphase a bad name...he is the one that should not be trusted, not Microphase
Durando was involved with many scams. His first was World Imports way back in the eighties.Him and the cfo ran that pig into the ground. Then they got Maxaxam going and ripped off lot's of people.
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